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Shentel Completes the Expansion of High-Speed, Reliable Broadband Service in Shenandoah County, VA
Globenewswire· 2025-12-11 13:57
Core Insights - Shenandoah Telecommunications Company (Shentel) has completed its Virginia Telecommunications Initiative (VATI) project, expanding gigabit broadband internet service to over 7,000 previously unserved homes in Shenandoah County, Virginia, with a total investment of $50 million [1][2]. Group 1: Project Details - The VATI project was partially funded by the VATI program, administered by the Virginia Department of Housing and Community Development, alongside Shentel's capital investment and contributions from Shenandoah County [1]. - The project aims to bridge the digital divide by providing high-speed internet access, which is increasingly essential for businesses and residents in rural areas [2]. Group 2: Community Impact - Local leaders expressed satisfaction with Shentel's commitment to the community, highlighting the importance of reliable broadband for learning, healthcare, and economic opportunities [2]. - The initiative reflects the Commonwealth's commitment to expanding opportunities and strengthening local infrastructure, ensuring all residents have access to necessary tools for participation in the digital economy [2]. Group 3: Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks across eight states in the eastern United States, offering a range of services including broadband internet, video, voice, and managed network services [3]. - The company operates an extensive regional network with over 18,000 route miles of fiber, emphasizing its role as a leading broadband provider in smaller markets and rural communities [3].
Modelling investment results
Globenewswire· 2025-12-11 13:51
Today, Tryg is publishing a newsletter titled “Modelling investment results”. The newsletter outlines Tryg’s continued de-risking of its investment portfolio and explains how the match and free portfolios contribute to more stable and predictable investment income. It provides analysts and capital market participants with improved transparency to better model future results. Attachment Newsletter_Modelling investment results (December 2025) ...
Reeflex Solutions Inc. Awarded $3.4 Million Contract to Supply Fully Customized Mast-Style Coiled Tubing Rig to Iron Horse Energy Services
Globenewswire· 2025-12-11 13:48
Core Points - Reeflex Solutions Inc. announced a $3.4 million contract awarded to its subsidiary, Coil Solutions Inc., to design and manufacture a customized mast-style coiled tubing rig for Iron Horse Energy Services [1][4] - Iron Horse, recently acquired by Trican Well Service Ltd., is recognized for its expertise in coiled tubing and fracturing services in the Western Canadian Sedimentary Basin [2][5] - The new rig will be engineered for larger-diameter tubing, extended-reach wells, high pull loads, enhanced cold-weather performance, and improved operator safety [3] Company Overview - Reeflex Solutions Inc. provides advanced engineering and manufacturing solutions across various sectors, with a focus on the oil and gas industry through its subsidiary, Coil Solutions Inc. [6] - Ranglar Manufacturing, a division of Coil Solutions Inc., specializes in custom-designed mobile equipment for industrial applications [6] Industry Context - Iron Horse Energy Services has over 20 years of experience in delivering high-quality coiled tubing and fracturing services, establishing itself as a trusted partner in the energy sector across Alberta, British Columbia, and Saskatchewan [5]
EXL completes migration of LifePRO Digital Suite® platforms to AWS
Globenewswire· 2025-12-11 13:47
Core Insights - EXL has successfully migrated its LifePRO Digital Suite® platforms to Amazon Web Services (AWS), highlighting its commitment to modernizing the life and annuity industry and enhancing collaboration with AWS [1][2][3] Migration Benefits - The migration to AWS offers EXL clients a secure, scalable, and resilient infrastructure that facilitates faster innovation and greater flexibility [2] - By utilizing Amazon Bedrock and Kendra, EXL enhances performance, reduces operational costs, and accelerates the deployment of new features within the LifePRO Digital Suite ecosystem [2][3] Platform Enhancements - The migration strengthens EXL's LifePRO Digital Suite, which supports the next generation of life and annuity products, powering policy administration for millions of policies [3] - The cloud-based implementation allows carriers to meet industry demands for unified digital environments and scalable infrastructure, enabling real-time data exchange and straight-through processing [3] Collaboration with AWS - EXL's partnership with AWS combines domain expertise with advanced cloud capabilities, including AI/ML services and analytics, to help insurers innovate and personalize customer experiences [4] - New capabilities being developed include API-driven integrations, AI/ML-based underwriting support, and advanced analytics to provide deeper business insights [4] Company Overview - EXL is a global data and AI company that transforms businesses across various industries, including insurance, healthcare, and banking, with a workforce of approximately 63,000 employees [6]
SEALSQ Enters the Healthcare Industry Through IC’Alps, Delivering Custom Integrated Chip Solutions and Post-Quantum Protection for Next-Generation Medical Devices
Globenewswire· 2025-12-11 13:45
Core Viewpoint - SEALSQ Corp is strategically entering the healthcare industry through its subsidiary IC'Alps, focusing on developing advanced medical devices with a strong emphasis on post-quantum cybersecurity and ultra-low-power semiconductor technology [2][13]. Group 1: Company Overview - SEALSQ Corp specializes in semiconductors, PKI, and post-quantum technology hardware and software products [2]. - IC'Alps, a subsidiary of SEALSQ, is recognized for its excellence in designing custom integrated circuits (ASICs) specifically for medical applications [2][3]. Group 2: Technological Innovations - IC'Alps is committed to energy efficiency, utilizing advanced ultra-low-power design techniques to enhance battery-powered medical devices [4]. - The company develops custom ASICs that integrate various sensor technologies, enabling continuous and precise patient monitoring [5][6]. Group 3: Cybersecurity Focus - The healthcare industry faces significant cybersecurity challenges due to the rise of connected medical devices and the vulnerabilities of current encryption methods [8]. - SEALSQ integrates post-quantum cryptographic (PQC) algorithms into medical ASICs, ensuring long-term protection against both classical and quantum attacks [10][11]. - The integration of PQC is crucial for healthcare devices with operational lifetimes of 10 to 20 years, providing resilience against future quantum threats [10]. Group 4: Future Directions - SEALSQ aims to offer end-to-end post-quantum protection across the entire lifecycle of healthcare devices, from data acquisition to cloud processing [11]. - The collaboration between SEALSQ and IC'Alps positions the company to deliver a differentiated offering in the healthcare sector, focusing on safe and efficient medical technologies [13][14].
Gold Royalty Completes US$103.5 Million Bought Deal Financing
Globenewswire· 2025-12-11 13:42
VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Gold Royalty Corp. (“Gold Royalty” or the “Company”) (NYSE American: GROY) is pleased to announce the closing of its previously announced public offering (the "Offering") of common shares of the Company. Pursuant to the Offering, the Company issued, on a bought deal basis, 25,875,000 common shares (the “Common Shares”), including 3,375,000 Common Shares pursuant to the full exercise of the over-allotment option, at a price of US$4.00 per share, ...
PureFive™ Resin Used in Caps for Leading Spray Paint Brand
Globenewswire· 2025-12-11 13:30
Core Insights - PureCycle Technologies, Inc. has initiated sales of its PureFive™ resin for caps used in spray paint cans, marking a significant step in its partnership with a leading global paint and coatings company [1][2] - The caps and closures market presents a substantial opportunity for PureCycle, with over 300 million polypropylene pieces produced annually in North America [2] - The company expects to continue supplying PureFive™ resin to this customer throughout 2026, indicating a long-term business relationship [2] Company Overview - PureCycle Technologies holds a global license for a patented dissolution recycling technology developed by Procter & Gamble, aimed at transforming polypropylene plastic waste into a renewable resource [3] - The purification process of this technology results in PureFive™ resin, which can be recycled and reused multiple times, enhancing sustainability in plastic usage [3] Market Potential - The partnership with a top paint and coatings manufacturer demonstrates that sustainability goals can be met without compromising product performance when using PureFive™ resin [2] - The company is positioned to capitalize on the growing demand for sustainable materials in the caps and closures market, which is primarily dominated by polypropylene [2]
Saratoga Investment Corp. Declares Dividend of $0.75 Per Share for the Fourth Quarter of Fiscal 2026; Paid in Monthly Dividends of $0.25 Per Share
Globenewswire· 2025-12-11 13:30
Core Points - Saratoga Investment Corp. declared a base quarterly dividend of $0.75 per share for Q4 of fiscal 2026, to be paid in three monthly installments of $0.25 each [1][2] - The annualized dividend rate implies a 13.1% yield based on the stock price of $22.86 as of December 9, 2025 [1] - This marks the fourth group of dividends declared for fiscal year 2026, in addition to a special dividend announced last month [2] Dividend History - The base dividend for Q4 2026 is $0.25 per share for each month of December 2025, January 2026, and February 2026, totaling $0.75 for the quarter [3] - The total dividend for the full fiscal year 2026 is projected to be $3.00 per share, with an additional special dividend of $0.25, leading to a total of $3.25 per share [3] Company Overview - Saratoga Investment is a specialty finance company focused on providing customized financing solutions to U.S. middle-market businesses [4][5] - The company primarily invests in senior and unitranche leveraged loans and mezzanine debt, with a goal of generating attractive risk-adjusted returns [5] - Saratoga Investment is regulated as a business development company and is externally managed by Saratoga Investment Advisors, LLC [5]
C3is Inc. Announces Pricing of $9 Million Public Offering
Globenewswire· 2025-12-11 13:30
Core Points - C3is Inc. announced a public offering expected to generate approximately $9 million in gross proceeds before expenses [1][3] - The offering consists of 7,500,000 units, each including one Common Share or one Pre-Funded Warrant, along with Class D and Class E Warrants [2] - The transaction is anticipated to close on or about December 12, 2025, subject to customary closing conditions [3] Offering Details - Each unit in the offering is priced at $1.20 for a Common Share and $1.19999 for a Pre-Funded Warrant, with the Pre-Funded Warrants being immediately exercisable [2] - Class D Warrants have an initial exercise price of $1.20 per Common Share and are exercisable immediately, expiring 60 months after issuance [2] - Class E Warrants have an exercise price of $0.00001 per Common Share and are also immediately exercisable [2] Use of Proceeds - The net proceeds from the offering will be used for capital expenditures, including the acquisition of additional vessels, working capital, and other general corporate purposes [3] Company Overview - C3is Inc. is a ship-owning company that provides dry bulk and crude oil seaborne transportation services, owning four vessels with a total fleet capacity of 213,464 deadweight tons [6]
Edible Garden’s Award-Winning Kick. Sports Nutrition Now Available on Target.com
Globenewswire· 2025-12-11 13:30
Core Insights - Edible Garden AG Incorporated has expanded its Kick. Sports Nutrition product line to Target.com, enhancing its digital presence and supporting its omnichannel strategy [1][4] - The Kick. product line includes clean-label, performance-driven options aimed at athletes and health-conscious consumers, featuring both whey and plant-based proteins [2][4] - Target's platform is a significant addition for the brand, aligning with the growing consumer demand for high-protein supplements and clean-label nutrition products [3][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through innovative farming models [5] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and sustainable practices [5][8] - Edible Garden's proprietary technologies, including the GreenThumb software and Self-Watering displays, enhance product freshness and in-store presentation [6][8] Market Positioning - The addition of Kick. Sports Nutrition to Target.com is part of a broader strategy to meet consumers where they shop, reflecting the brand's commitment to omnichannel growth [4] - The company has seen strong momentum with recent distribution gains, including partnerships with major retailers and successful launches on platforms like Amazon [4] - The sports nutrition category is rapidly growing, and Edible Garden aims to position Kick. as a leading brand within this market [3][4]